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The Committee’s report endorses the recommendations in the Access to Cash Review and recommend that the Government publish a strategy outlining... the steps it will take to ensure Scottish consumers’ continued access to cash.

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FCA has published a “Dear Chair” letter sent to chairs of Remuneration Committees which sets out the regulator’s findings and observations... from the 2018/19 Remuneration Round and how it plans to assess firms throughout 2019/20.

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This HoL Library Briefing has been prepared in advance of a debate scheduled for 3 September 2019 on the implementation of... the recommendations of the Parliamentary Commission on Banking Standards and the opportunities for further banking reform.

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DWP has now published this report, which finds that the regulator is a “well-respected and effective organisation”. The report refers... to an earlier review undertaken in 2014 which considered and declined to pursue an earlier proposal to merge the functions of the Pensions Ombudsman with FOS and, although DWP has not recommended any fundamental changes to the functions or remit of the former at present, it suggests that there is a specific area of overlap in jurisdiction, with both TPO and FOS able to give different decisions, under different rules for cases that involve maladministration of personal pensions. The report sets out initial proposals to build a better evidence base for considering the options to resolve this.

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Further to Final Notices in relation to directors and employees of the firm (Giuseppe, Giovanni and Savatori Oliverio), FCA has cancelled... the Part 4 permissions of the firm, for failing to satisfy its threshold condition in relation to its permitted regulated activities and failure to comply with Principle 11.

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The European Court of Auditors (ECA) and ECB have agreed an MoU intended to facilitate the former’s audits on the latter’s... banking supervision functions and to set in place information sharing arrangements. The text will be signed and published on 9 October 2019.